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This paper presents a conceptual model describing the medium and long-term co-evolution of natural and socio-economic subsystems of Earth. An economy is viewed as an out-of-equilibrium dissipative structure that can only be maintained with…

General Economics · Economics 2022-05-09 Éric Herbert , and Gael Giraud , Aurélie Louis-Napoléon , Christophe Goupil

A simple and effective approach to thermodynamics is suggested, which solves the major difficulties in the traditional presentation of the subject. The internal energy is introduced from the behavior of deformable bodies, whereas the…

General Physics · Physics 2012-03-13 Rodrigo de Abreu , Vasco Guerra

The paper present one of attempts to apply the thermodynamics laws to economics. Introducing common thermodynamic parameters and considering world economics as a one macrosystem, authors demonstrate the possible consequences of entropy…

Physics and Society · Physics 2008-07-03 A. M. Tishin , O. B. Baklitskaya

Natural resource use and waste production, disposal, and reuse in human economies are treated in their economic, technological and thermodynamic aspects. The physical nature of economic production, consumption, saving, and waste is compared…

Condensed Matter · Physics 2008-02-03 Dallas C. Kennedy

Much of today's sustainability discourse emphasizes efficiency, clean technologies, and smart systems, but largely underestimates fundamental physical constraints relating to energy-matter interactions. These constraints stem from the fact…

Physics and Society · Physics 2025-12-12 José Halloy , Petros Chatzimpiros , François Graner , Thomas Gregor

The irreversibility of the dynamics of the conservative systems on example of hard disks and potentially of interacting elements is investigated in terms of laws of classical mechanics. The equation of the motion of interacting systems and…

Statistical Mechanics · Physics 2007-05-23 V. M. Somsikov

The emergence of irreversibility in physical processes, despite the fundamentally reversible nature of quantum mechanics, remains an open question in physics. This thesis explores the intricate relationship between quantum mechanics and…

Quantum Physics · Physics 2024-10-25 Alberto Rolandi

In this article we discuss a model used to introduce the concept of entropy with secondary school students. It can be used to discuss with students the reversibility of time, the tendency towards homogeneity and the link between probability…

Physics Education · Physics 2014-09-10 Tommaso Castellani

The relationship between the intrinsic motion of gravity, light, and time is explored in terms of the principles of entropy, causality, energy, and symmetry conservation. A conceptual mechanism for gravity and the gravitational connection…

General Relativity and Quantum Cosmology · Physics 2009-07-02 John A. Gowan

The application of principles of thermodynamics and statistical mechanics to economic systems is considered in a broad historical perspective, extending from prehistoric times to the present day. The hypothesis of maximum entropy production…

Statistical Mechanics · Physics 2007-05-23 Alastair D. Jenkins

Econophysics, is based on the premise that some ideas and methods from physics can be applied to economic situations. We intend to show in this paper how a physics concept such as entropy can be applied to an economic problem. In so doing,…

Statistical Finance · Quantitative Finance 2016-09-08 Adom Giffin

Statistical thermodynamics is valuable as a conceptual structure that shapes our thinking about equilibrium thermodynamic states. A cloud of unresolved questions surrounding the foundations of the theory could lead an impartial observer to…

Statistical Mechanics · Physics 2025-10-31 O. B. Ericok , J. K. Mason

We first present open questions related to the foundations of thermodynamics and statistical physics. We then argue that in principle one can not have "closed systems", and that a universal background should exist. We propose that the…

Condensed Matter · Physics 2009-10-31 Eshel Ben-Jacob , Ziv Hermon , Alexsander Shnirman

The physical foundations of a variety of emerging technologies --- ranging from the applications of quantum entanglement in quantum information to the applications of nonequilibrium bulk and interface phenomena in microfluidics, biology,…

Quantum Physics · Physics 2014-03-25 Gian Paolo Beretta , Enzo Zanchini

Assessing quantitatively the state and dynamics of a social system is a very difficult problem. It is of great importance for both practical and theoretical reasons such as establishing the efficiency of social action programs, detecting…

Physics and Society · Physics 2016-02-01 O. López-Corona , P. Padilla , A. Huerta , D. Mustri-Trejo , K. Perez , A. Ruiz , O. Valdés , F. Zamudio

This is an invited article for the Discussion and Debate special issue of The European Physical Journal Special Topics on the subject "Can Economics Be a Physical Science?" The first part of the paper traces the personal path of the author…

Economics · Quantitative Finance 2017-03-22 Victor M. Yakovenko

The reversibility and recurrence paradoxes are key issues that have been left unsolved in researches on the foundation of thermodynamics since the 19th century. This article shows that (1) the reversibility paradox can be overcome if we pay…

Statistical Mechanics · Physics 2021-07-27 Yoshihiro Nakato

We attempt to describe geometry in terms of informational quantities for the universe considered as a finite ensemble of correlated quantum particles. As the main dynamical principle, we use the conservation of the sum of all kinds of…

General Physics · Physics 2022-08-30 Merab Gogberashvili

A vast concourse of events and phenomena occur in nature that may be interrelated by a entropy-maximization technique that provides a comprehensible explanation of a range of physical problems, integrating in a new framework the universal…

Classical Physics · Physics 2021-10-18 Mario J Pinheiro

We present the relatively less known thermodynamic concept of exergy in the context of ecology and sustainability. To this end, we first very briefly outline thermodynamics as it arose historically via engineering studies. This enables us…

Popular Physics · Physics 2012-05-09 Göran Wall , Dilip G. Banhatti
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